Zerodha Vs Alice Blue (Compare Zerodha and Alice Blue)

Zerodha Vs Alice Blue

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Zerodha	Alice Blue
Type of Broker	Discount Broker	Discount Broker
Supported Exchnages	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX
Account Type	Flat Brokerage Plan	Freedom 20
Year of Incorporation	2010
Number of Branches	22
Broker Enquiry
	Enquire Zerodha	Enquire Alice Blue

Zerodha Vs Alice Blue Charges & AMC

Zerodha trading account opening charges is ₹200 while Alice Blue account opening changes is Equity ₹310 | MCX ₹200 | ₹500 All segments. Zerodha Demat Account AMC Charges is ₹300 and Alice Blue Demat Account AMC Charges is ₹400.

	Zerodha	Alice Blue
Trading Account Opening Charges	₹200	Equity ₹310 | MCX ₹200 | ₹500 All segments
Trading Account AMC Charges	₹0 (Free)	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account AMC Charges	₹300	₹400

Zerodha Vs Alice Blue Brokerage

Zerodha brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower whereas Alice Blue brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per order or 0.01% whichever is lower.

	Zerodha	Alice Blue
Account Type	Flat Brokerage Plan	Freedom 20
Fixed Charges
Equity Delivery Brokerage	₹0 (Free)	₹0 (Free)
Equity Intraday Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per order or 0.01% whichever is lower
Equity Futures Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per order or 0.01% whichever is lower
Equity Options Brokerage	₹20 per executed order	₹20 per order
Currency Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per order or 0.01% whichever is lower
Currency Options Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹10 per order
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per order or 0.01% whichever is lower
Commodity Options Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per order
Special Offer	Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer	Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer

Zerodha Vs Alice Blue Brokerage Plan 2

	Zerodha	Alice Blue
Account Type	Flat Brokerage Plan	Trade Pro Plan
Fixed Charges
Equity Delivery Brokerage	₹0 (Free)	0.1%
Equity Intraday Brokerage	₹20 per executed order or .03% whichever is lower	0.01%
Equity Futures Brokerage	₹20 per executed order or .03% whichever is lower	0.01%
Equity Options Brokerage	₹20 per executed order	₹20 per lot
Currency Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹10 per lot
Currency Options Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per lot
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	0.01%
Commodity Options Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per lot
	Enquire Zerodha	Enquire Alice Blue

Zerodha Charges Vs Alice Blue

Minimum Brokerage Charges	0.03% in Intraday and F&O	₹0
Other Brokerage Charges	Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges	₹50 per executed order	₹20 per executed order

Zerodha Vs Alice Blue Transaction Charges

Zerodha transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium) while Alice Blue exchange transaction charges for options is NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side).

	Zerodha	Alice Blue
Equity Delivery	NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)	NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Intraday	NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)	NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Futures	NSE ₹190 per Cr (0.0019%)	NSE ₹210 per Cr (0.0021%) | BSE ₹1 per trade (each side)
Equity Options	NSE ₹5000 per Cr (0.05%) (on premium)	NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side)
Currency Futures	NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)	NSE ₹135 per Cr (0.00135%)
Currency Options	NSE ₹3500 per Cr (0.035%) | BSE ₹100 per Cr (0.001%) (on premium)	NSE ₹4400 per Cr (0.044%) (on premium)
Commodity	Group A - ₹260 per Cr (0.0026%)	Non-Agri ₹360 per Cr (0.0036%) | Agri ₹275 per Cr (0.00275%)
	Enquire Zerodha	Enquire Alice Blue

Zerodha Vs Alice Blue Leverage (Margin)

Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Alice Blue margin for intraday cash is Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x.

	Zerodha	Alice Blue
Equity Delivery	1x (no margin)	Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Intraday	Up to 20x (based on the stock)	Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span	Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity Options
	Enquire Zerodha	Enquire Alice Blue

Compare Zerodha and Alice Blue Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

	Zerodha	Alice Blue
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Kite Web, Kite Mobile for Android/iOS and Coin	Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time	Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close	Equity: 3:15PM
Other Features	Direct Mutual Funds, APIs for Algo Trading
Referral Program
	Enquire Zerodha	Enquire Alice Blue

Zerodha Vs Alice Blue Review

Zerodha is rated 3.7 of 5 based on 397 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 30 customer reviews.

	Zerodha	Alice Blue
	397 Customer Reviews	30 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 397 customer reviews	Alice Blue is rated 3.4 of 5 based on 30 customer reviews

Zerodha Vs Alice Blue Investment Options

	Zerodha	Alice Blue
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Zerodha Vs Alice Blue Order Type Offered

	Zerodha	Alice Blue
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Zerodha	Enquire Alice Blue

Zerodha Vs Alice Blue Research Report

	Zerodha	Alice Blue
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Zerodha Vs Alice Blue Suitable For Investor Type

	Zerodha	Alice Blue
Casual Investor
Active Investor
Trader

Zerodha Vs Alice Blue - Pros and Cons

	Zerodha	Alice Blue
Pros	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Excellent trading platforms (Kite) available for free. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Brokerage is 0.03% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges. Direct Mutual Fund Investment is available. Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX. Zerodha Referral Program offers 10% broekrage share to clients you refer. Good Till Triggered (GTT) order are available. These are simillar to GTC orders.	Discount stock broker. Most advance trading platform. Free equity delivery trades. No brokerage. 01% or ₹20 whichever is less brokerage for intraday and F&O. Up to 20x margin in equity intraday.
Cons	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra ₹50 order. Auto Square off is charged at extra ₹50 order. Doesn't offer 3-in-1 account. Doesn't offer unlimited trading plans. Doesn't offer AMC Free Demat account.	Online Mutual Fund investment is not available. Margin funding is not available. Good Till Cancelled (GTC) orders not available. Call & Trade is available with additional cost of ₹20 per order.
Reviews
Promo / Offers	Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.	Free Equity Delivery Trade Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.
	Enquire Zerodha	Enquire Alice Blue